Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $9,635 per ton, dropping by -19.3% against the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of 91%. The import price peaked at $12,672 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kenya ($8,164 per ton), while the price for Belgium ($1,935 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+410.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $8,275 per ton, surging by 11% against the previous year. In general, the export price recorded a buoyant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 177% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,748 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($6,633 per ton), while the average price for exports to South Sudan amounted to $4,620 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+7.2%).
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda
In 2022, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Uganda soared to 6.2 tons, picking up by 53% against the previous year's figure. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 321% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $59K in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 342%. As a result, imports attained the peak of $70K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 12.7 | 65.8 | 43.1 | 52.0 | 60.0% |
| South Africa | 0.5 | 0.9 | 1.3 | 3.5 | 91.3% |
| Denmark | 2.2 | 2.7 | 2.7 | 3.0 | 10.9% |
| Belgium | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| China | 0.3 | N/A | 0.2 | N/A | -18.4% |
| Others | N/A | 0.5 | 0.4 | 0.7 | 18.3% |
| Total | 15.9 | 70.2 | 48.1 | 59.5 | 55.3% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Uganda in 2022:
- Kenya (6.4 tons)
- South Africa (0.8 tons)
- Denmark (0.4 tons)
- Belgium (0.2 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda
For the third year in a row, Uganda recorded decline in shipments abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), which decreased by -5.3% to 1 tons in 2022. Over the period under review, exports saw a perceptible decline. The smallest decline of -4% was in 2020.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) rose slightly to $8.6K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.7% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 62%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 4.1 | 4.9 | 17.5 | 12.1 | 43.4% |
| South Sudan | 0.7 | 2.9 | 2.9 | 2.0 | 41.9% |
| Others | N/A | N/A | -12.2 | -5.5 | -54.9% |
| Total | 4.8 | 7.8 | 8.2 | 8.6 | 21.5% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Uganda in 2022:
- Democratic Republic of the Congo (1.8 tons)
- South Sudan (0.4 tons)
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